Reason #9

Not responsible for federal government debts

The federal government, especially under the control of the current administration, is taking on massive amounts of debt. In the direction that it is currently heading, the federal government will become insolvent as it cannot realize enough revenue to meet future debt obligations.

The Social Security program will be insolvent within 10 years. Congress has been raiding Social Security surpluses for many years, leaving massive IOUs in its place. The unfunded future liability of this program is in the Trillions of dollars.

A massive new federal medical program has just been passed. Skeptics suggest that it will never pay for itself, but even the most favorable estimates suggest that 10-year deficits from this new program will exceed a Trillion dollars.

The deficit under the Obama administration is 4 times the greatest deficit ever encountered under any previous administration. The states of New York and California are approx. $40BB in debt and have no plans to be able to reverse the trend. Several other states are on the brink of bankruptcy and have either delayed or suspended state income tax refunds to residents. New Jersey has raised the state income tax on wealthy individuals so high that the wealthy are leaving the state, and causing a reduction in tax revenue for the state.

These are not problems that Texans want. And we don't want to have to pay the bills for poor fiscal management on the part of the federal government.